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to the possibility that the economy will go off the so-called fiscal cliff. >> reporter: stocks slide on wall street as investors fret about the prl for gridlock in washington. lawmaker need to come to an agreement for avoid the so- called fiscal cliff, a combination of higher taxes and government spending cuts set set to take effect by january 1st. >> if they can cooperate and focus on the overall economy to get people back to work, you insofar know what can high pressure. >> reporter: for the second day in a row, the dow jones industrial average has suffered a triple digit decline. >> i think this is the worst two-day session we've had in a year or so. monster beverage has sunk 1.3%. mcdonald's also seeing a drop in value for the month of october. it is the first monthly decline in nearly a decade. >> it's great indicator of where people are spending their money. worldwide, as you said, down 1 point #%. first drop in nine years. look more closely at america and it is down 2.2%. that means america's economy is slowing perhaps more than the rest of the world. >> reporter: congress reconvenes on nove
challenge is avoiding the double hit to the economy of tax increases and automatic spending cuts nope as the fiscal cliff. >>> another issue congress wants to know about are the details surrounding the resignation of cia chief david petraeus and at tax on the u.s. consulate in libya. >>> the top -- >>> great economic news could be on the horizon. >> our country could be energy independent in the near future. ainsley earhart explains. plains. thrrt. clearly we are having issues with that story. we'll try to get that to you coming up in just a bit. >> let's talk about sports just a little. bryce harper, everybody remembers him, he has been named the national league rookie of the year. he hit 270 last season with 22 home runs. he knocked in 59 runs and he did it after missing the first month of the season. angels outfielder mike trout won the al rookie of the year. manager of the year awards will be named today and the nats skipper is one of the finalists. >> we still have plenty ahead. weather, traffic and all your top stories. >> fox 5 morning ne
Search Results 0 to 1 of about 2